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Daily (01.02.2021): EUAs prices slumped by about 3% on Friday as the first auction cleared at a sizeable discount
Crude oil futures evolved differently at the end of a relatively calm week in the crude markets, with gains limited by the still murky outlook for oil demand. Hence, Brent crude rose by 0.6% to $55.88 a barrel on Friday. At the same time. U.S. WTI crude lost 0.3 % to settle at $52.20 a barrel. Both oil benchmarks moved in a narrow range last week, with Brent fluctuating between $55 and $56 a barrel, while WTI between $52 dollars and $53.
read more... 01/02/2021
BP buys into 4.4 GW of Equinor's US offshore wind leases
Equinor ASA (NYSE:EQNR) has closed the sale of a 50% stake in up to 4.4 GW of offshore wind leases in US waters to UK oil and gas major BP Plc (LON:BP).
read more... 01/02/2021
Croatia’s LNG terminal inaugurated
Croatia’s first liquefied natural gas (LNG) terminal, located on the island of Krk, Croatia, and its connecting gas pipeline Omišalj-Zlobin have been officially inaugurated on 29 January.
read more... 01/02/2021
Enel targets PPAs for just ‘small part’ of European mix
Italian utility Enel Green Power plans to use long-term power purchase agreements (PPAs) for just a "small part" of its European electricity mix, as it counts on other options to finance its renewable project pipeline in the region, chief executive Salvatore Bernabei said today.
read more... 01/02/2021
Daily (29.01.2021): German Cal’22 power price hovered around 50 EUR/MWh on Thursday amid a bullish energy complex
Oil prices edged down on Thursday, as uncertainty over the global economic recovery due to soaring COVID-19 infections counterweighed falling U.S. crude inventories. Hence, Brent crude lost 0.5% to close at 55.53 dollars a barrel. Meanwhile, U.S. WTI crude declined by 51 cents, or about 1%, to settle at $52.34 a barrel.
read more... 29/01/2021